Falanx Group Limited Director / PDMR Shareholding (2058E)

TIDMFLX

RNS Number : 2058E

Falanx Group Limited

04 May 2017

Falanx Group Limited

("Falanx" or the "Company")

Director / PDMR Shareholding

Falanx Group (AIM:FLX), the global intelligence, security and cyber defence provider, announces that on 3 May 2017, Mike Read, Non-Executive Chairman, acquired 727,273 ordinary shares of no par value ("Ordinary Shares") in the capital of the Company in the Placing announced on 4 May 2017. Mr Read's resultant interest following this transaction, which was completed at a Placing Price of 6.875 pence per share, is now 1,977,273 Ordinary Shares, representing 1.27 per cent of the Company's issued share capital.

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details of the transaction on 3 May 2017.

Enquiries:

 
 Falanx Group Limited               www.falanx.com 
  Stuart Bladen, Chief Executive 
  Officer 
 SPARK Advisory Partners 
  Limited 
  Nominated Adviser 
  Matt Davis / James Keeshan        [phone] 
 Whitman Howard Limited 
  Broker 
  Nick Lovering / Francis 
  North                             [phone] 
 

About Falanx

Falanx Group Limited, is a global intelligence and cyber defence provider working with blue chip and government clients. The Group listed on AIM in June 2013 under ticker FLX For more information: http://www.falanx.com/

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

 
  1   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Names                  Mike Read 
---  ---------------------  ---------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status        Non-Executive Chairman 
---  ---------------------  ---------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                   Falanx Group Limited 
---  ---------------------  ---------------------------------- 
 b)   LEI 
---  ---------------------  ---------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  --------------------------------------------------------- 
 a)   Description            Ordinary Shares of no par value 
       of the financial 
       instrument, 
       type of instrument 
---  ---------------------  ---------------------------------- 
 b)   Identification         VGG3338A1075 
       code 
---  ---------------------  ---------------------------------- 
 c)   Nature of the          Purchase of Ordinary Shares 
       transaction 
---  ---------------------  ---------------------------------- 
 d)   Price(s) and           Volume(s): 
       volume(s)              727,273 Ordinary Shares 
                              Price: 6.875 pence per Ordinary 
                              Share 
---  ---------------------  ---------------------------------- 
 d)   Aggregated              N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  ---------------------------------- 
 e)   Date of the            3 May 2017 
       transactions 
---  ---------------------  ---------------------------------- 
 f)   Place of the           London Stock Exchange, AIM Market 
       transaction            (XLON) 
---  ---------------------  ---------------------------------- 
 

Name of authorised official of issuer responsible for making notification:

Mr John Blamire, Director

Company Secretary to Falanx Group Limited

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 04, 2017 07:02 ET (11:02 GMT)